INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(b) AND (c)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(b)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ______________)*
Q.E.P. CO., INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $.001
- --------------------------------------------------------------------------------
(Title of Class of Securities)
74727K10
- --------------------------------------------------------------------------------
(CUSIP Number)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act, but shall be subject to all other provisions of the Act (however, SEE
the Notes).
<PAGE>
CUSIP NO. 74727K10 13G PAGE 2 OF 7 PAGES
- -------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
LEWIS GOULD, INDIVIDUALLY AND AS TRUSTEE OF A
VOTING TRUST
- -------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) |X|
(SEE Instructions) (b) |_|
- -------------------------------------------------------------------------------
3 SEC Use Only
- -------------------------------------------------------------------------------
4 Citizenship or Place of Organization
USA
- -------------------------------------------------------------------------------
5 Sole Voting Power
NUMBER OF 1,344,000
SHARES ---------------------------------------------
BENEFICIALLY 6 Shared Voting Power
OWNED BY NONE
EACH ---------------------------------------------
REPORTING 7 Sole Dispositive Power
PERSON 913,848
WITH ---------------------------------------------
8 Shared Dispositive Power
430,152
- -------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,344,000
- -------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares |_|
(SEE Instructions)
- -------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
50.6%
- -------------------------------------------------------------------------------
12 Type of Reporting Person (SEE Instructions)
IN
- -------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 74727K10 13G PAGE 3 OF 7 PAGES
- -------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
SUSAN J. GOULD
- -------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) |X|
(SEE Instructions) (b) |_|
- -------------------------------------------------------------------------------
3 SEC Use Only
- -------------------------------------------------------------------------------
4 Citizenship or Place of Organization
USA
- -------------------------------------------------------------------------------
5 Sole Voting Power
NUMBER OF NONE
SHARES ---------------------------------------------
BENEFICIALLY 6 Shared Voting Power
OWNED BY NONE
EACH ---------------------------------------------
REPORTING 7 Sole Dispositive Power
PERSON NONE
WITH ---------------------------------------------
8 Shared Dispositive Power
430,152
- -------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
430,152
- -------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares |_|
(SEE Instructions)
- -------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
16.2%
- -------------------------------------------------------------------------------
12 Type of Reporting Person (SEE Instructions)
IN
- -------------------------------------------------------------------------------
<PAGE>
Item 1.
(a) Name of Issuer:
Q.E.P. Co., Inc.
(b) Address of Issuer's Principal Executive Offices:
1081 Holland Drive
Boca Raton, FL 33487
Item 2.
(a) Name of Persons Filing:
Lewis Gould, individually and as Trustee, and Susan J. Gould
(b) Address of Principal Business Office or if None, Residence:
1081 Holland Drive
Boca Raton, FL 33487
(c) Citizenship:
USA for all Reporting Persons
(d) Title of Class of Securities:
Common Stock, par value $.001
(e) Cusip Number:
74727K10
Item 3.
N/A
Item 4. Ownership
(1)(a) Amount Beneficially Owned by Lewis Gould,
individually and as Trustee: 1,344,000
Represents (1) 897,848 shares held of record and options to
purchase 16,000 shares by Lewis Gould, individually; and (2)
414,152 shares held of record and options to purchase 16,000
shares by Lewis Gould as Trustee of a Voting Trust for the
benefit of Susan J. Gould.
(1)(b) Percent of Class: 50.6%
(1)(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
1,344,000
(ii) Shared power to vote or to direct the vote:
None
Page 4 of 7 Pages
<PAGE>
(iii) Sole power to dispose or to direct the
disposition of: 913,848
(iv) Shared power to dispose or to direct the
disposition of: 430,152
(2)(a) Amount Beneficially Owned by Susan J. Gould: 430,152
Represents 414,152 shares held of record and options to
purchase 16,000 shares by Lewis Gould as Trustee of a Voting
Trust for the benefit of Susan J. Gould pursuant to a Voting
Trust Agreement which may be automatically terminated in
certain events.
(2)(b) Percent of Class: 16.2%
(2)(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
None
(ii) Shared power to vote or to direct the vote:
None
(iii) Sole power to dispose or to direct the
disposition of: None
(iv) Shared power to dispose or to direct the
disposition of: 430,152
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf
of Another Person
None
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the
Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
Lewis Gould
Susan J. Gould
Item 9. Notice of Dissolution of Group
N/A
Item. 10. Certification
N/A
Page 5 of 7 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: February 12, 1998
/s/ Lewis Gould
--------------------------------
Lewis Gould, individually and as
Trustee of a Voting Trust
/s/ Susan J. Gould
--------------------------------
Susan J. Gould
Page 6 of 7 Pages
<PAGE>
EXHIBITS
Exhibit A Joint Filing Statement
Exhibit B Power of Attorney
Exhibit C Voting Trust Agreement*
* To be filed by amendment
Page 7 of 7 Pages
<PAGE>
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, as amended, the persons named below agree to the joint filing on behalf of
each of them of a Schedule 13G. This Joint Filing Agreement shall be included as
an exhibit to such joint filing. In evidence thereof, each of the undersigned,
being duly authorized, hereby execute this Agreement this 12th day of February,
1998.
/s/ Lewis Gould
----------------------------------------
Lewis Gould, individually and as Trustee
of a Voting Trust dated August 2, 1996
/s/ Susan J. Gould
----------------------------------------
Susan J. Gould
<PAGE>
EXHIBIT B
STATE OF FLORIDA )
COUNTY OF PALM BEACH )
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS that the undersigned has made,
constituted and appointed, and by these presents does make, constitute and
appoint Lewis Gould, my true and lawful attorney-in-fact, for me and in my name,
place and stead to sign my name in my capacity to any and all Schedule 13Gs and
any and all amendments thereto which I am required to file, to file such
instruments with the Securities and Exchange Commission and any other
appropriate regulatory agency and to deliver such instruments to Q.E.P. Co.,
Inc., the Nasdaq Stock Market, Inc. and any other appropriate regulatory agency.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal,
this 12th day of February, 1998.
/s/ Susan J. Gould
----------------------
Susan J. Gould
Signed, Sealed and delivered in
the presence of:
/s/ Paula B. Siegel
- --------------------------------
Notary Public
(Apply Notary Seal Below)
